MONTREAL, July 5, 2010 – The Board of Directors of CH Group, the holding company that owns the Club dehockey Canadien, the Bell Centre and evenko, announced today that it has adopted a succession plan toensure a smooth transition in its corporate leadership at the conclusion of the next fiscal year, on June 30,2011. This is in accordance with Mr. Geoff Molson’s decision to assume the position of President and ChiefExecutive Officer.The plan calls for Mr. Pierre Boivin to stay on as President and CEO of Club de hockey Canadien and evenkountil the end of the transition period. He will work closely with Mr. Molson, who will assume Mr. Boivin’s dutieson June 30, 2011.Mr. Geoff Molson, Chairman of CH Group, underscored the importance of Pierre Boivin’s contribution to theorganization’s success.“From the moment he was hired by Molson Inc., eleven years ago, Pierre undertook to transform theorganization by modernizing it, developing fan passion and loyalty, particularly through the team’s centennialcelebrations, and creating value in all of our sports and entertainment operations,” Geoff Molson stated. “Wehave been able to count on his loyalty and unfailing support since we purchased the team and both the Boardof Directors and I greatly appreciate being able to rely on his expertise, experience and cooperation during thecoming year to ensure that our plan is executed successfully. To this end, we have invited Pierre, and he hasaccepted, to join the board of directors of CH Group.”For his part, Mr. Boivin underlined his attachment to the organization. “Ever since I took on the managementof the Montreal Canadiens and related businesses, I have had the privilege of working with owners andemployees who were passionate about hockey and entertainment, committed to the team’s success,respectful of our fans and the entire community, and determined to create a unique experience for our patronsat the Bell Centre. The confidence and unflagging support of our owners combined with the skills andcommitment of all of our employees allowed our organization to achieve ever more ambitious goals.”